RBI Governor Shaktikanta Das projects India's economic growth at an 8% annual rate, with 7.2% growth for the current financial year and inflation at 4.75% currently.
RBI Governor Shaktikanta Das projects India's economic growth towards an 8% annual rate, with the economy growing at an average 8.3% in the past three years and contributing 18.5% to global growth in the 2023-24 fiscal year. The RBI anticipates a 7.2% growth projection for the current financial year. Das emphasized the importance of controlling inflation to maintain stable growth rates, as inflation currently stands at 4.75%, further away from the RBI's target of 4%.
June 25, 2024
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